KRS 41.280: Unified and integrated system of accounts -- Annual report by Treasurer.

(1) The Commonwealth of Kentucky shall maintain a unified and integrated system of

accounts. As a part of any unified and integrated system of accounts:

(a) The Treasurer shall maintain the necessary records to exhibit accurately the

Treasury's cash balance;

(b) The Finance and Administration Cabinet shall provide the Treasurer with

accounting data that will accurately describe the Commonwealth's financial

condition, including access to information necessary to determine the status of

each receipt and expenditure account;

(c) The Treasurer shall keep a record of each depository, showing the amount

deposited and the date, and the amount checked out and the date; and

(d) The Treasurer shall provide the Finance and Administration Cabinet with

information regarding accumulated receipts and the status of warrants.

(2) The Treasurer shall make a clear, distinct, and intelligible report of all money

received and disbursed during each fiscal year showing the receipts and

expenditures of each year on account of every department of the public service, the

name of each state depository, and the rate of interest paid by it. The report shall be

published annually, and the Treasurer shall submit the report to the Governor, the

Chief Justice, and the Legislative Research Co mmission ninety (90) days after the

close of the fiscal year.